Friday, October 18, 2024
10.6 C
New York

Notch: Raises $10M in Funding

Notch Raises $10M in Funding

  • Notch, a Toronto, Canada-based provider of a software platform that makes it simple to manage orders, reconcile bills and invoices and process payments, raised $10M in funding
  • The round was led by Portage, with participation from Golden Ventures, Math Ventures, Accomplice, Pre-Cursor Ventures, Garage Capital and Plexo Capital
  • As part of the financing, Ricky Lai, Partner at Portage, will be joining the Board of Directors at Notch
  • The company intends to use the funds to ramp up the sales and marketing teams, and accelerate geographic expansion
  • The company provides a platform that delivers an end-to-end solution for back of house operations, giving foodservice owners and their staff the tools needed to automate manual tasks required to run and grow their business
  • In Q1 of 2023, The company will be releasing its AP manager solution to help restaurants move all of their supply chain payments online

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

LendingClub and Pagaya acquire intellectual property of shuttered fintech Tally

LendingClub Corporation, a California-based digital lending platform, has...

Toss Securities promotes Gyubin Kim to CEO

Gyubin Kim has been promoted to CEO of...

UK challenger Monese to be acquired by fellow fintech Pockit

Pockit, a UK fintech, is acquiring Monese, a...

ICYMI fintech funding round-up: Bitlayer, Quartr, FutureMoney, Solifi and more

Bitlayer (Singapore) secured $9 million in a Series...

Aleph acquires majority stake in Argentinian PSP Localpayment

Aleph Holding has acquired a controlling equity interest...

Related Articles

Popular Categories

spot_imgspot_img